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Barley futures on India's National Commodity and Derivatives Exchange rose slightly on July 2, with the August contract up Rs 3.50 to Rs 1,494 per quintal. Traders cited stronger demand from beer makers and tight physical supplies.
Routine futures moves tied to firm spot demand from brewers signal modest support for Indian barley prices. The change is small and does not point to a new supply shock.
business-standard.comPress Trust of IndiaJul 2, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
